Savannah morning news. [volume] (Savannah) 1868-1887, 1887-01-23
MARKETS BY TELEGRAPH.
FINANCIAL.

LONDON, Jan, %, noon.-Consols, 100 1l-16
for money. 100 1916 for account
p. m.-Consols, leo 1916 for m oney;
1905 for account.
NEW YORK. Jan. %. noon.-Stocks dull and
heavy. Money easy at per cent. Exchange
long, 81 S2L04 S2sz; short. 81 S64G4 S6la.
state bonds dun but steady. Government
bonds duh but steady.
$500 y. m.-hxcnange dull but steady.
Money easy at 3iGiIa per cent, closing
per cent. offered. Sub-Treasurv balances
Gold, Sl30. $50 coo: currency. SlS 49S .OC0. Gov
eminent oolias duh but firm; four per cents.
rs: three per cents. 100 bid. state bonds
duh but aTeady.
The stock market was much less active to-
day. bat prices occupied a higher range.
although fever5hness and irregulaFity
still conspicuous. Sew Jerrey Central was
the prominent strong stock offered during the
day. and regschaa the highest figures yet at
tanned. Foreigners did little IN the market,
especially fBsKa P@ciac. But there were
purchase3 OF trunk lines, and ST. Paul for
that interest IN the afternoon. Hooking
Valley and Oregon Navigation stock were
both sufferers TO u considerable extent from
recent reports, although the latter made some
recovery IN the afternoon. New England re-
sumed its advance. but the gains were only
fractional. Reading showed more strength,
but It's early gains were wiped out toward the
close. After the appearance OF the bank
statement, which was regarded as favorable,
there was very little stock for sale, and the
market became extremely dull, especially in
the last hour. Southern stocks were all quiet,
although East Tenncssees flrsts preferred DIS
played decided weakness. There was CON
siderable activity IN regon TranscOntInental.
which was weak IN sympathy with other VIII
lard stocks. Changers and trunk lines were
quiet and feature e9s. Operations to-day
were again principally confined to room
traders, and at times in the afternoon there
was not sufficient business to establish
changes in quotations. The opening this
morning was fairly steady, a large number of
the active hst being unchanged, and Others
showing insignificant changes only. The
market was strong from the opening, with
moderate trading only, and under the head of
New Jersey Central material advances were
made throughout the list in the first hour
The market then became dull and prices
sagged on slightly. In the afternoon prices
moved backward and forward within mar
row range, ana finally closed steady and gen
orally shade above the opening. The total
days business was 243o00 shares. Final
changes are in u majority of cases in favor OF
higher figures, and in very few instances
are for more than fractions. The following
are the closing quotations:
AIa.cIassA, 2tO5 .l0614 New Orleans Pa
Ala. class b. IS. l09 CIhc, LIST mort So
Georgia Is. mort.loS2 \. Y. Central. 1928
n. Carolina is .l24A NOrf X w. pref. 500
n. Carolina Is. 100 Nor Pacifc...... 27ls
So.CarO tBrOWn) pref. 5S5a
cOnsols.... .l07H Pacific Mall. J2la
IennesaOeb g.. (Sis heading .......... 800
Virginia 6s...... as Richm'd Il Ale. "a
Va consolidated. 81 Richm'd Il Danv- 1907
Ch'peake&Onlo. SO hichm'd n W PIT
Chlc.& N'nthw'nll3l4 Termnal.... 45N
preferred .l3915 Rock Island..... rs
Della, LacA.& W 1868 81. Paul.. sgk
Erie. ........ 33 - preferred ny
East Tennessee Texas Pacific 25lz
new Stock. l4l4 Tenn Goa &lron sos
Lake shore. ...., "a Union Pacific 60. 5SA
Lvile Il Nash. H15 Nj. Central co.. 677s
Memphis& Chir % Missouri Pacific 1917
Mobile & ONO. 10 Western Union 1874
Nash q Chatta. 81
bid. ASKED.
NEW YORK. Jan. 22.-The weekly state
ment of the associated BANKS show The follow
ing changes: Reserve increased. SlS4, $50:
loans increased, $3.50, 500; specie increased
N,7l0,j00; legal tenders decreased, $57 ,600
deposits increased $5.S73, 200; circulation de-
creased, S6,S00. The banks now hold SIS, 706,-
1915 in excess OF the 25 Der cent. rule.
COTTON.
LIVERPOOL. Jan. %, noon Cotton quiet
ana without quotable change IN prices; mid
ding uplands 3-l6d, middling Orleans
5-l6d; sales 900 bales. for speculation and
export 500 bales; receipts 10000 bales
American 1l.7U0.
Futures: Uplands. low mlddling clause,
January and February delivery. ) ll-6id;
February and March, 8 ll-6id; March and
Aprn. II sd; April and May, l3-640
l7-5id; May and June, ll-64d: June and
July. 3 l6-6id; July and August. 1880
lS-5id; August ana September, 8 20-64d.
Market quiet.
1900 p. m.-The sales To-day included 1900
bales Of American.
Futures: Uplands. low middling clause.
and February. li-6ld. sellers: February and